Companies Fail Due to Poor Leadership

Mercedes-Benz-S600_Quote

Even a world-class organization can underperform or fail. If I had to make one conclusion  based on empirical evidence, it is that more than 90% of the reason even a good business underperforms or fails is due to a failure in leadership.

For example the Mercedes S600 is one of the finest vehicles money can buy. If, however, you put a bad driver behind the wheel on a rainy night on a windy mountain road, you could have an accident. The same is true of organizations. Leaders are the drivers of organizations.

Ted Mara, Strategic Leadership Professor Emeritus, Cotrugli Business School, Zagreb, Croatia, Quality Progress, November 2015, p.39.

Over the past few years, we have seen a number of failures within the imaging industry, including Kodak and Creative Memories. Why did these failures happen? The answer is simple – bad leadership. It’s all too easy to blame outside factors when the real cause lies within.

About Mark Mizen

At Creative Memories, I evaluate photographic products and related materials so that today's memories are not lost to the future and then communicate this information to Creative Memories Consultants and their customers. My interests extend from preservation of traditional photographs to the production of photo books to the expected longevity of electronic image files. My long-term objective is to direct the development of technology that meets consumers needs for high-quality products.
This entry was posted in Industry Info. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s